"We are delighted to be able to offer our customers the Volvo S60 Polestar, a car more than capable of getting into the thick of the action in this competitive segment of the market.

"The work done by Polestar on the S60 is impressive to say the least - they have transformed the already fun to drive Volvo S60 into a great handling driver's car."

How will Volvo justify the likely price hike? There's a near endless list of mechanical and software tweaks to improve handling and response, and a number of key Polestar styling and aero additions.

Interestingly - and likely a matter of timing - the special new model is based on the outgoing pre-facelift S60. It's unclear at this stage if a revised version of the top-shelf Polestar model will hit Australia later.

There's large new 19-inch alloy wheels, bigger exhaust tips, a rea diffuser and a boot lip spoiler, and of course Polestar badging.

The interior is also overrun with Polestar elements - as is the existing package - including unique and branded door trims, steering wheel and gear shift knob, and even the door sills.

See below for a full list of features, and stay tuned for firm pricing and availability details.